Royal & Sun Alliance Insurance Company of Canada, one of Canada's leading home, auto and business insurers, selected CGI Group Inc. (CGI), one of the largest information technology and business process services firms in the world, for a seven-year information technology (IT) services contract valued at $90 million.
The contract is expected to be signed later this week.
CGI will be responsible for infrastructure management services including mainframe and mid-range equipment, and data storage and recovery. Royal & SunAlliance will continue to maintain and develop all of its broker and customer programs and services. The deal will reduce Royal & SunAlliance's Canadian infrastructure management costs.
"We chose CGI for their proven service record and experience within the P&C insurance market. By transferring our infrastructure management services to CGI, we are streamlining our operating platform so that we can focus on growing our business by providing innovative products and services to our brokers and customers," said Rowan Saunders, President and CEO of Royal & SunAlliance. Michael Roach, president and chief executive officer from CGI added: "We are excited about expanding our scope of services with Royal & SunAlliance and pleased to be collaborating with such a leading insurer. We look forward to building a long-term partnership as we find ways of helping our client further focus on their core business."